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North America Big Data Market Forecast 2019-2027

North America is expected to continue to dominate the global big data market throughout the forecast period of 2019-2027 by exhibiting a CAGR of 18.42%. Organizations in this region are investing heavily in the latest digital technologies, such as big data analytics, mobility, cloud, and social media, staying competitive in the market.

Rising adoption of IoT devices across the globe is likely to increase the number of data volume across business and consumers. In North American countries like the US and Canada, the quantity of generated data is especially high and to manage it becomes a task. As a result, these countries have started significantly investing in big data to take off the load. This, coupled with the growing adoption of IoT devices across the region is likely to contribute to increasing the number of data volumes across business and consumers in this region. In this report, you will find a detailed segmentation of the North America big data market on the basis of industry verticals, type, components and deployment. The United States big data market is mainly driven by government funding to support big data projects along with the rising application of big data in the financial sector. For instance, the U.S. Department of Defense announced the FY 2017 budget to invest in ‘Big Mechanism' to automate computational intelligence for cyber, military intelligence, social science, biology and economics. These type of grants will promote the quicker adoption of big data technologies in the US.

Some of the prominent companies in this market in North America are Cloudera, Inc., Data USA, Hitachi, Ltd., SAS Institute, Amazon Web Services, Inc., Oracle Corporation, SAP SE, Microsoft Corporation, Teradata Corporation, Palantir Technologies, Inc., Splunk Inc., International Business Machines Corporation (IBM), Hewlett Packard Enterprise, Guavus, Inc. and Dell, Inc.
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North America Big Data Market Forecast 2019-2027
Published By :Inkwood Research
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